Jobs drop likely to ease pressure on rates
A SURPRISE fall in Australian job numbers last month on the back of weak retail sales and high petrol prices means official interest rates will remain on hold in 2008, economists say.
Interest Rates
High rates scare off borrowers
THE HOUSING market is likely to remain depressed for the rest of the year, an economist warns as high rates scare off borrowers.
RBA keeps interest rates steady at 7.25pc
AUSTRALIA’S central bank has today decided to keep interest rates on hold at 7.25 per cent, which will keep standard variable mortgage rates at…
Rates steady now, but upward risk
THE inflation outlook for the second quarter has deteriorated, fresh data shows, increasing fears of another rise in interest rates later this year.
Cutting back on basics as rates bite
HOMEOWNERS are cutting back on necessities as well as luxury items as they struggle to cope with rising interest rates.
Double digit interest rates ‘within months’
HOME loan rates are set to hit double digits and push 10 year highs if bearish predictions by ANZ come true.
Reserve fuels rate rise fears
BUSINESS and mortgage holders face further interest rate rises, with the Reserve Bank harbouring doubts that it has done enough to douse inflationary expectations and cap wage and price rises.
RBA leaves door open for rate rise
HIGH inflation had the Reserve Bank of Australia (RBA) agonising over whether to raise interest rates this month, board minutes reveal.
Unofficial rate rises could end – NAB
NAB’S chief executive John Stewart says more unpopular mortgage hikes independent of RBA moves are ‘unlikely’.
Wage demands could push up rates – RBA
THE RBA has warned that workers who demand more pay to meet their rising living costs could spark further rate rises.
RBA keeps official interest rate on hold
HOMEOWNERS could face further home loan pain, despite the Reserve Bank today keeping the official interest rate on hold at 7.25 per cent.
Prices go up, interest rates may follow
INFLATION has 4.2 per cent, the highest since 1991 when you could get a beer for $1.50 and a litre of petrol for 70 cents. NEWS.com.au compares the cost of living then and now.
Rates in doubt as producer costs jump
RISING costs and soaring oil prices have stoked fears rates will stay higher for longer
Rate rises paying off – RBA
THE local financial system is in good shape with lending to businesses and individuals coming off the boil, RBA data shows.
Why Glenn Stevens made us all gloomy
BITTER pills administered by the Reserve Bank means Australians are slowing getting more reluctant to splurge at the shops.
Rates on hold – for now
THE Reserve Bank of Australia is expected to leave the door open to a further rate rise by midyear as it wages war on inflation, analysts say.
Predictions banks will up rates further
ALL eyes are on Australia’s banks, with predictions they will lift home loan rates by more than yesterday’s official increase. The big banks are…
Rate rise to squeeze home owners
HOME loan interest rates look set to hit an 11-year high after the RBA lifted the official cash rate by 25 basis points to 7.25 per cent.
Double interest rate rise looms
CONSUMERS have been warned there will be no escaping an interest rate hike next month – and it could be a double whammy.
Inflation concern led to RBA rate rise
THE Reserve Bank decided to lift interest rates in October due to worries about inflation and to prevent any build up of “imbalances” in the economy, the latest board minutes reveal.
Jitters as rates rise hits home
ONE quarter of 1 per cent may not sound like much, but for Sonja and Arjen van den Bosch it represents $167 a month extra that they will have to find…
No change in rates just yet – economists
THE RBA is tipped to leave the official cash rate on hold next week, as economists consider when rises will kick in.
‘Borrowers better off with variable rate’
BORROWERS have likely missed their chance to lock in low fixed home loan rates, a broker says.
Homeowners ‘should brace for rate rise’
HOMEOWNERS should brace for a jump in mortgage repayments of up to $5000 a year, mortgage broker warns.
Mixed message on interest rates
MIXED messages on the economy could save borrowers from an interest rate rise next month.
Another rate cut? Don’t hold your breath
ECONOMISTS at Australia’s major banks are less confident that another rate cut is on the cards.
Punter wins big as rates held
A GAMBLER has bet $45,000 that rates will be kept on hold today and economists support his call.
ING shed $1.5bn as savers panicked
ING Direct suffered a $1.5bn withdrawal of deposits last year as customers fled to the safety of the four major banks
Rates on hold in June: economists
SIGNS of stabilisation in the global economy should convince the RBA to leave official interest rates unchanged.
Rates decision could boost dollar
THE dollar could get a mild boost if the Reserve Bank of Australia (RBA) dishes out a no-change decision on interest rates this afternoon.
Original URL: https://www.news.com.au/finance/economy/interest-rates/page/66